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LAD GNRATION
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Lead Generation
What i Lead Generation?
Lead generation decrie the marketing proce of
timulating and capturing interet in a product or ervice for
the purpoe of developing ale pipeline.
Lead generation often ue digital channel, and ha een
undergoing utantial change in recent ear from the rie
of new online and ocial technique. In particular, the
aundance of information readil availale online ha led to
the rie of the “elf-directed uer” and the emergence of
new technique to develop and qualif potential lead efore
paing them to ale.
Wh i Lead Generation
Important?
The uing proce ha changed, and marketer need to find
new wa to reach uer and get heard through the noie.
Intead of finding cutomer with ma advertiing and email
lat, marketer mut now focu on eing found and learn
to uild continuou relationhip with uer.
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21/02/2018 Lead Generation: A Complete Guide - Marketo
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Information Aundance and Attention conomic
With the growth of the internet, the world ha changed from one of information carcit to
one of information aundance. In fact, according to Google chairman ric chmidt “there
wa 5 xate of information created etween the dawn of civilization and 2003, ut that
much information i now created ever two da and the pace i rapidl increaing”.
The prolem i that information aundance equal attention carcit. Thi i known a
attention economic. ocial cientit Herert imon wa the firt peron to dicu thi
concept when he wrote “in an information-rich world, the wealth of information mean a
dearth of omething ele: a carcit of whatever it i that information conume. What
information conume i rather oviou: it conume the attention of it recipient.”
Thi ha tranformed the uing proce. uer are overwhelmed with all the noie and the
are getting etter and etter at ignoring the meage the don’t want to hear and reearching
what the do want to learn aout on their own.
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The New uing Proce
In the old world of information carcit, the concept of “lead generation” meant marketing
found the name of potential uer and paed them to ale. uer expected that the
would have to talk to ale and ale expected to peak to uneducated earl tage uer that
ma not et e qualified. Thi ha all changed. Toda, uer can do their own reearch online
and can find a variet of educational reource through earch engine, ocial media, and
other online channel. Through content reource, toda’ uer can learn a great deal aout
a product or ervice efore ever having to even peak to a ale peron. o uinee mut
make ure that the uild their digital preence.
The chart elow indicate how ignificant thi hift i. oth deciion maker and contriutor
are now going out to find ou v. ou finding them.
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Clearl, there ha een a huge change in the traditional uing proce. In fact, according to
Forreter, uer might e anwhere from two-third to 90% of the wa through their uing
journe efore the even reach the vendor. The reaon thi i happening more and more i
ecaue uer have o much acce to information that the can dela talking to ale until
the are expert themelve.
Creating a olid lead generation trateg will help ou uild trut and capture the interet of
our uer efore the are even read to contact ale.
Additionall, ou don’t want our ale team pending time going down a lit and cold calling.
If ou can generate lead for ale, the proce i eaier and ou will ee more of our lead
eing turned into revenue fater.
Rented Attention v. Owned Attention
Attention carcit i driving a hift from “rented attention” to “owned attention”. Hitoricall,
mot marketing ha een aout renting attention other people have uilt. An example of thi
would e if ou purchaed an ad in a magazine or rented a tradehow ooth. ut in the noi,
crowded market that toda’ uer live in, rented attention ecome le effective a
attention ecome even carcer. Of coure, thi i not an either-or propoition; ou will ideall
ue a mix of rented v. owned attention for our lead generation effort to e affective.
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How do ou uild our own attention? The anwer i to ecome a truted advior to our
propect pulihing and creating valuale content aet and thought leaderhip. That i
the ke to eing ucceful with our lead generation effort in toda’ complex uing
landcape.
Leading Down The Funnel
With the new uer it i important to note that our marketing effort don’t end once a new
lead come into our tem – what we call Top of the Funnel (TOFU) marketing. Man
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companie do a good jo at generating lead, ut the prolem i that mot new lead are not
read to u et. And if a ale rep doe engage and the lead in’t read to talk with them, it
reinforce the notion that marketing ourced lead are not great. A a reult lead get lot,
ignored, or natched up our competitor.
To prevent thi from happening, good lead generation marketer will invet in lead
nurturing and other Middle of the Funnel (MOFU) technique to uild relationhip and trut—
earning the lead’ uine once he or he i finall read to u. ngage thee lead through
relevant content and make ure that ou get our timing right.
Lead generation ha moved eond impl dicuing TOFU. In order to have a holitic
trateg, MOFU marketing mut e included in all our trategic dicuion to make ure that
ou have a good proce for turning lead into ale.
Lead Generation Reearch
Man marketing department are allocating more udget to
lead generation tactic. Inound marketing pend in particular
ha een growing a companie need to find more creative
wa to get in front of the cutomer and reak through the
noie.
“Life efore Marketo wa like eing in the dark age. Marketo
ha put u into the modern era of marketing and increaed
lead generation 71% ear-over-ear and increaed ale
18%.” - Doug Wotherpoon, xecutive Director of
Advancement, Algonquin College [ource]
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Lead Generation udget Trend
elow i a chart taken from Marketingherpa’ Lead Generation enchmark urve. It i
apparent that man marketer are tarting to increae their lead generation pend greatl,
particularl a it pertain to weite optimization, ocial media, and O.
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CMO Lead Generation Prioritie
Marketingherpa report that for CMO and enior level marketing executive, the top
prioritie are achieving or increaing meaureale ROI and optimizing the ale and marketing
funnel. CMO are looking to increae qualit of lead that their marketing program are
generating.
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igget Lead Generation Challenge
ven though marketing executive report that lead qualit i one of the top prioritie for lead
generation, it i alo one of the igget challenge facing marketer toda. In a recent tud
IDG, 61% of marketer reported that generating high qualit lead wa prolematic for their
organization.
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The ame tud alo reported that the greatet arrier to entr to qualit lead generation i lack
of reource in taffing, udgeting, or time, and lack of high qualit data to drive campaign.
Mot ffective Lead Generation Tactic
IDG report in it 2 Lead Generation Marketing Trend urve, that the compan weite,
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conference and tradehow, and email marketing are the mot effective lead generation
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tactic eing ued toda. The leat effective are reported to e direct mail and print advertiing.
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The aic of Lead Generation
Let’ egin with the definition of a lead. What doe a lead
mean to our compan? Man companie have different
definition depending on their ale ccle, ut tandard
definition i a qualified potential uer who how ome level
of interet in purchaing our product or olution. For the
lead that fill out a form, the often do o in exchange for
ome relevant content or a compelling offer.
You can reak lead generation up into two main categorie:
inound and outound. And a dicued aove, ou need to
make ure that ou keep in mind our nurture and cutomer
retention marketing trategie a part of a holitic trateg.
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Inound Marketing
At Marketo, our definition of inound marketing i “the proce of helping potential cutomer
find our compan—often efore the are even looking to make a purchae—and then
turning that earl awarene into rand preference, and ultimatel, into lead and revenue.”
Gone are the da that a marketer onl relied on outound technique like trade how, cold
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calling, and advertiement to get lead. Toda’ uer i in control. According to Forreter,
uer eek out three piece of content aout a vendor for ever one piece ent a
marketer, and for ever one piece ent ale. ecaue of uer elf-education, our jo a
a marketer i to e heard through the noie and come up with new wa for lead to find ou.
To e a marketer in toda’ world, ou need a olid grap of inound in order to trul amplif
our lead generation impact.
How do ou do that? You need to create interet offering a relevant mix of informative and
entertaining content that uild a meaningful relationhip with our audience. And ou have
to make ure that ou are ditriuting our content through all the right channel – where
our uer pend time. Thi ection goe into a it more detail on ome of the common
tactic for inound lead generation.
Content and O
Your content i the foundation of our inound marketing effort. According to Content
Marketing Intitute, content marketing i “a marketing technique of creating and ditriuting
relevant and valuale content to attract, acquire, and engage a clearl defined and undertood
target audience—with the ojective of driving profitale cutomer action”. Think of content a
the fuel to all of our marketing campaign from email to ocial. Create content that i
impactful to our audience and drive haring. Through creating high qualit content, ou can
egin to gain our uer’ trut and tart reaking through the noie.
ecaue earch engine equate high-qualit content with a high-qualit weite, creating
content with value i ver important. Conduct a content audit to ee how man of our aet
fall into the thought leaderhip v. promotional categor. That mean making ure that our
thought leaderhip content ha utance to it. Lot of companie are jumping on the
Product olution Wh Marketo Reource
content andwagon, o do it right: focu on qualit over quantit, and on providing ueful –
not promotional – information.
Compan
Once ou have a good mix of high-value content, including viual content, tart promoting it
on ocial channel. The more engagement ou get, the more Google conider our content
to e of high value, which in turn oot our O ranking. earch engine look for natural
link, o the more informative our content i, the more likel people will link to it naturall.
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21/02/2018 Lead Generation: A Complete Guide - Marketo
Weite
Your weite i where the magic happen. Thi i the place where our audience need to
convert. Whether it i encouraging propective uer to ign up for our newletter or fill out
a form for a demo, the ke i to optimize our weite for converting rower into actual
lead. Pa attention to form, Call-to-Action (CTA), laout, deign, and content.
ocial Media
The increaing popularit of ocial channel ha directl attriuted to information aundance.
Through ocial network, uer have een ale to reearch and learn aout product and
ervice through influencer and peer. Additionall, a profound hift ha taken place
within ocial media channel. Although ocial i till important for randing and generating
uzz, lead generation i ecoming more and more important. tapping into all the ocial
media channel, from Faceook and Twitter to LinkedIn and Google+, ou can e where our
cutomer are and create that trut.
Outound Marketing
While inound marketing i getting a lot of uzz, a well-rounded marketing mix hould
include oth inound and outound marketing trategie. Inound work for road lead
generation activitie, ut outound i good to amplif our inound effort, and target pecific
opportunitie. o what exactl i outound marketing? It’ uing outound channel to
introduce our meage and content to our propect, tpicall through rented attention,
rather than making our content and meage availaleon our own propertie.
In man cae, outound technique can get omeone to think aout ou even if the haven’t
thought aout ou et, ince man of the method ou ue hould have more of a “wow”
factor to make our compan tand out. Outound communication i often highl targeted,
with a call-to-action that i ver oviou. A a reult, good outound marketing can puh
omeone through the funnel at a fater rate, auming the are cloer to eing read to u.
Inound alone often doe not drive omeone to u. Outound give them that extra nudge
the need to drive a lead down the funnel.
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Comining outound and inound can multipl the numer of view ou generate,
dramaticall increae haring, and ultimatel increae the numer of potential cutomer who
ee our content. While our mix ma differ from our, we find that the following outound
tactic work et.
mail Marketing
mail i a cornertone and ke component of ever marketing campaign. Whether ou are
hoting an event, ending out a new piece of content, promoting a new ervice offering, or
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taing in touch with cutomer, email hould e one of our main form of communication.
According to Marketingherpa, the mot ued lead generation tactic i email marketing, with
81% of repondent citing it a the mot effective channel. putting our content in front of
propect, ou can find people who might not e looking for ou.
Dipla Ad
Dipla ad are tpicall highl targeted to different demographic or ehavioral action. You
can elect where ou want the ad to e een chooing an online pulication that ou feel
i a place where our lead pend time, or ou can alo leverage re-targeter ad that can
cookie a lead that view our ite. With re-targeter ad, once a peron get cookied, our ad
appear on other ite that he or he viit afterward. Through online ad ou can reach more
of our target audience, educate potential propect, and drive lead. Dipla ad alo erve a
purpoe at ever tage in the funnel—uilding rand and audience at Top of Funnel, educating
and helping evaluation at Mid-Funnel, and increaing converion at ottom of Funnel.
Pa-per-Click Ad
With Pa-per-Click (PPC ) ad ou pa for each click on our ad which i diplaed on a
earch engine uch a Google, Yahoo, or ing, or on a weite. For PPC on earch engine,
our ad how up a ponored reult on the top and ide of the organic earch term. PPC
ad are a terrific wa to draw attention to our latet content or ervice offering. The are alo
highl targeted o the can generate ver high qualit lead. Advertier id on keword
phrae relevant to their target market and our ad will dipla when a keword quer
matche our choen keword lit.
Content ndication
ecaue propective uer won’t alwa end up at our weite a the tart their purchae
journe, it’ important that ou etalih a preence where the ma how up. A great wa to
deliver high-value content to the correct propect i through content ndication – a
content haring trateg that can e ued to promote our whitepaper, article, new
releae, etc. on other weite for greater reach and engagement. Through content
ndication, our content appear on third-part ite and newletter. And ecaue mot
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content ndicator deliver lead directl to our inox, it’ a great wa to keep lead coming
in the door.
Direct Mail
You ma think direct mail i a thing of the pat. ut it’ till effective for targeted
communication. Conider a content aet developed for high-level executive. xecutive
don’t uuall rowe the we for information. And it can e hard to get through to them via
email. That mean the ma not come acro the content ou’ve developed with them in
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mind. Thi i where direct mail can prove powerful. You could end a direct mail piece to thi
audience to make them aware of our new, targeted content aet. Direct mail alo give ou
a chance to gra the attention of a hot propect eing creative and intereting with our
meage and preentation.
vent
Whether ou are hoting a mall private function, a large-cale international tradehow, or an
executive-level weinar, event marketing need to e an integral part of the lead generation
mix. After all, event are a critical component of an outound marketing trateg. entiall,
event offer ou the chance to define our rand, clarif the olution ou provide, and
etalih peronal connection with participant. And while the provide ou with an
invaluale opportunit to engage with propect and cutomer, event alo give attendee
the chance to interact with each other. A ever marketer know, there i no etter advertiing
than the direct word of a atified cutomer. vent alo provide a venue to deliver peeche
and content that conve our compan’ thought leaderhip and raie our perception in the
ee of uer. Compared to other marketing tactic, event are more likel to quickl turn a
propect into a trong lead. A a livel, interactive, educational forum, event poition our
uine a a truted leader in a field of man.
ale Development Rep
ale Development rep (DR), alo often called Inide ale or Lead Qualification rep, are
focued on one thing: reviewing, contacting, and qualifing marketing-generated lead and
delivering them to ale Account xecutive. impl put, DR team pa the aton from
Marketing to ale. Wh do it thi wa? ecaue ou want to make ure ever ingle lead
Marketing pae to our ale team i a qualified a poile. Your DR hould take the time
to help each and ever lead, offer them value, make a poitive impreion, create future
demand, and ecome a truted advior. Thi tep i critical in the lead generation proce
ecaue ou don’t want to treat our lead a lank face to e impl quetioned, qualified,
and harveted.
Middle of the Funnel (MOFU)
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The elf-directed uer’ hield are up, and the are ignoring our meage. Developing a
relationhip to cut through the noie i critical. Not all lead that go to ale are read to u,
o ou have to make ure that ou have in place a olid lead nurturing trateg to continue to
uild awarene and affinit for our rand while our propect i elf-educating. Through
paing attention to our MOFU effort through tactic uch a lead nurturing, ou can
continue to have a relevant converation with propect long after our lead generation
effort.
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Lead nurturing alo increae lead to opportunit converion rate, drive more revenue, and
horten the ale ccle. It i aout finding the right uer at the right time. Lead generation
ring uer into the funnel, ut lead nurturing and coring end them to ale o that our
ale team can cloe the deal at the right time. In fact, according to Marketingherpa’ Lead
Generation enchmark report, companie who leverage lead nurturing ee a 45% lift in lead
generation over thoe companie who do not ue lead nurturing.
Lead coring
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Lead coring i a hared ale and marketing methodolog for
ranking lead in order to determine their ale-readine. You
core lead aed on the interet the how in our uine,
their current in the uing ccle, and their fit in regard to
our uine. Lead coring help companie know whether
propect need to e fat-tracked to ale or developed with
lead nurturing. Lead coring i eential to trengthening our
revenue ccle, effectivel drive more ROI, and align ale and
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marketing.
Common Lead Generation
Metric
The et marketing program have intentional meaurement
trategie planned in advance. o a part of the planning
proce ak ourelf thee quetion: What will ou meaure?
When will ou meaure? How will ou meaure?
Here are ome aic lead generation metric that man companie track a part of their lead
generation effort:
• Marketing % of contriution to ale pipeline: The % of revenue in the ale pipeline
(opportunitie) that originated from marketing effort
• Marketing % of contriution to cloed revenue: The % of revenue in cloed won deal
that originated from marketing effort
• Quantit of ale Qualified Lead: The amount of QL ent over to our ale team
• Qualit of QL: The % of QL not rejected ale
• Cot per inquir: Total lead acquiition cot/ the total numer of inquirie
• Cot per lead: Total campaign cot/quantit of lead
• Inquir to Marketing Qualified Lead (MQL): Converion of initial inquir to Marketing
Qualified Lead
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• MQL to ale Accepted Lead (AL): Converion from MQL to ale Accepted Lead
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• AL to ale Qualified Lead (QL): Converion from AL to ale Qualified Lead
• QL to Opportunit: Converion from QL to Opportunit
“Marketo' uailit and functionalit i o uperior to other product. Thi ha allowed the
ale force go from jut lindl 'miling and dialing,' to intelligentl targeting the hottet lead
and a a reult, cloing more uine.” - Lorena Harri, Vice-Preident of Corporate
Marketing, Vantiv [ource]
Acce the top lead generation tool and reource in our Lead Generation ucce
Center and tart increaing the numer, and qualit, of lead ou pa to ale.
Additional Reource:
• http://en.wikipedia.org/wiki/Lead_generation
• http://www.ehow.com/aout_4677172_what-lead-generation.html
• http://www.lenkold.com/content/LeadGenROI_2012.html
• http://marketing.aout.com/c/targetmarketing/a/leadgeneration.htm
• http://www.entrepreneur.com/topic/lead-generation
• http://www.marketingprof.com/topic/all/lead-generation
• http://www.inc.com/lead-generation
• http://log.kimetric.com/lead-generating-weite/
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